Mortgage rates?

Posted by admin
cardinalfanusa asked:


I keep hearing that mortgage rates will probably hold steady until mid-2008. They’ve already increased from 6.15 to 6.75 in the past 6 weeks. I’m building a house, and won’t be able to lock in a mortgage rate until probably mid-August. Should I “buy” my mortgage rate at 6.75% now for $750, or should I hold off?

What are the odds that rates will top 7.25% within the next three months?

Eddie

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    • This entry was posted on Saturday, July 26th, 2008 at 6:08 pm and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    One Response to “Mortgage rates?”

    1. achievablemortgages Says:
      July 29th, 2008 at 7:28 pm

      For 75000 my advise would be to do it no one has crystal ball but rates show no one has crystal ball but rates show no one has crystal ball but rates show no signs of falling any time soon as you peace.